Hunting for crypto gems, those small/nano caps that haven't exploded yet, can change your life as a small investor and allow you to make a lot of money in a short time.HOW TO PROCEED?1/ Some want to get rich in a flash ⚡️, but understand that for every crypto millionaire, there are 100 people left behind by crypto. Unfortunately, you only hear about successes, the famous survivorship bias.2/ The journey into digital gold is exhilarating, especially when seeking the next nugget ⛏️ that will make us rich, but risk management is essential. Treasure hunters 🏴‍☠️ often make the same mistakes, and we'll list them.3/-Being too aggressive 🤬Not enough stablecoins and large caps.-Being reckless 🤪🧨Cryptocurrencies are volatile 📉.-Lacking knowledge 📚Understanding market cycles is crucial.-Being a follower 🐑Blindly copying influencers 🧑‍🦯.4/ To succeed and find crypto gems:Become a specialist in a field (NFT, DeFi, AI, Ordinal,... etc.) 🐵.Don't be afraid to lose money to learn 📚.Remember, if 20% of your cryptocurrencies increase by 10x and 80% collapse, you've doubled your money. 💰5/ In cryptocurrency, finding innovative projects early is a skill and can be informed. 📚 Over time, you'll develop the intuition 🐽 to find your gems. 💎 Here are elements to help you develop and enhance this skill:6/ Be comfortable with DEX.Coins listed on platforms like Binance usually have a high market cap. If you want to buy a new cryptocurrency, you'll often do it on a decentralized exchange (Uniswap 🦄, etc.).7/ Don't want to use DEX because it's too complicated?Use more confidential platforms like Gateio and Bitget. You can create your account using the links above.8/ Aim for small caps (10 to 100 million).If Bitcoin has a market cap of 1 trillion, it needs 99 trillion to multiply by 100. For example, a shitcoin with 1 million MC needs 99 million. This can happen quickly in cryptocurrencies.9/ Monitor whale wallets 🐋.Watch big influencers on YouTube 📽️ and set up notifications for every move in their crypto portfolio. For example, a YouTuber bought an unknown token just launched, $OHM 🔌.10/ Knowing he would talk about it in his next YouTube video 📽️, all you had to do was buy and sell to make X2 or X5. 🤑 But by reading the whitepaper 📖 and getting interested in the project, you could make X40 🤪 because it was a good crypto project.11/ Become an expert on X (Twitter).Advanced search 🔍 on X (Twitter) is your best friend. Find your new favorite shitcoin 💩. Choose a period a month after the token launch 🚀. Sort the search results chronologically 📅12/ You'll find the FIRST people who talked about this cryptocurrency on X. Follow them for future gems 💎 they'll share. Follow enough pioneers, and you'll be among the first 🥇.13/ Found a promising gem?-Go to X (Twitter).Who are the followers? -Are there known people, investment funds, DeFi big names?Less than 20,000 followers on this crypto ⁉️? You're still early, go to the Discord 🤖.14/ Take advantage of Discord.Navigating different Discord servers 🤖 can be time-consuming ⏳. But it also helps find communities of enthusiasts 🤓 who help you find gems. The first cryptocurrencies are always the hardest to find ⛏️.15/ You can check the following sites that list 📖 new projects:tokensniffer.comdexscreener.comYou can also use X @discobot3.Once you've discovered a new cryptocurrency, dig 🐽.16/ Check the X account.Get info on the official Discord 🤖 server.Check partners 🤝.Analyze tokenomics 📊 in-depth.17/ Optimize your research.Your time ⏳, energy 🪫, and attention span are limited every day. Don't rely 100% on yourself to find rare pearls 🦪 in cryptocurrencies. Your network is there to work with you.18/ Focus on a single niche.There's so much information, whether it's DeFi, NFTs, AI, launchpads, or small caps... Specialize in one sector. Adapt your X, Discord 🤖 flow, and cut the noise 🙉, get rid of unnecessary accounts.19/ Follow the right investors.Some "good" cryptocurrency investors invest long-term. Other "bad" VCs finance short-term projects to extract value from a bullish market. The list above could help you.20/ Have patience.Being patient isn't just sitting and waiting but taking initiatives while giving time for results to materialize.Take the time to subscribe, like, and share. Thank you.

Since the November 2022 Bear Market Bottom...
Bitcoin has experienced the following retraces:
• -23% (February 2023) lasting 21 days
• -21% (April/May 2023) lasting 63 days
• -22% (July/September 2023) lasting 63 days
• -21% (January 2023) lasting 14 days
This current pullback is only the 5th major retrace since the 2022 Bear Market Bottom
All of the pullbacks experienced just over -20% retracement depth
Bitcoin has pulled back -16% thus far
But the retrace began only last Thursday
The current retrace has therefore barely lasted a week
In sum, there are two key takeaways about retracements in this current cycle:
• The closer Bitcoin gets to a -20% retrace, the better the opportunity becomes
• Retraces need time to fully mature (at least 2-3 weeks, at most 2-months)

🚀 Which crypto will become the next star of the bull run? 🌟Share your opinions in the comments! Remember: each person can only mention one crypto at a time. I will consider all the votes and post the top 6 most mentioned cryptos.In the meantime, don't forget to subscribe, like, and share! 💬📈

If you are currently in cryptocurrency to make gains, please take note. While I want to emphasize that the following is by no means investment advice, it could broaden your perspectives and help you avoid certain mistakes. 🤔💡1- Just HODL 🚀💤The best way to secure your investments is to simply HODL. Some of you have gone through two to three years, or even the entire bear market, to build your portfolio. It would be regrettable to see it disappear by trying to play professional traders during these periods of fluctuations. All you have to do to avoid losing what you already have is to HODL quietly. It allows you to sleep peacefully and avoids unnecessary headaches. 💤📉2- Keep increasing the size of your bag 📈💼After the recent market movements following the approval of ETFs, many wonder if it's the right time to buy or if it's better to wait to avoid a potential fall. Know that there are two probable scenarios:The first: You decide to wait, and the market abandons you in your patience, reaching new historical highs.The second: You buy, and the market turns against you by going down.One of the less risky and cost-effective solutions would be to opt for Dollar-Cost Averaging (DCA) to continue increasing the size of your portfolio. Ignore market fluctuations and continue to buy at regular intervals or in steps according to your capabilities. In case of a market uptrend, you have already acquired a certain quantity, and in case of a downtrend, you can buy more. 📈💼If you don't know what DCA is, visit YouTube or Google to get information about it... 🎥🔍3- Run from leverage 🎢💔As you can see in this image, it represents a recent loss incurred while trying to anticipate market movements related to ETF news. The funds could have been securely preserved until now. For that, it would have simply been enough to stay away from leverage as much as possible. It's important to note that many traders showcase their successes on social media without mentioning their losses, trying to lure you with the promise of colossal gains. I hope this illustration serves as an example. The reality is not as rosy as one might think. Avoid succumbing to the temptation of using leverage for significant gains. In the worst case, refrain from taking positions that exceed double your initial funds, and don't forget to set stop-loss orders. 📉🚫"4- Halving, the bull market is coming soon... 🌕🐂Historically, halving has always been followed by a bullish phase. And so far, most cryptocurrencies reach new highs during the bull markets that follow halving. In simple terms, if your focus is on the bull market, now seems like a good time to continue accumulating, as you are likely to make gains with higher prices than your purchase prices when the bull market starts. 📈🐂5- Keep your funds off exchanges 🔐💸You have probably heard the phrase: "Not your keys, not your money." Your cryptos on an exchange are not entirely at your disposal, don't forget that. In the world of cryptos, anything is possible. If your funds are not needed on an exchange, it would be better to withdraw them and store them in a securely controlled wallet. Make sure to carefully back up your private keys to avoid any unpleasant surprises. It would be regrettable to find out that the cryptocurrency in which you invested has increased by X30, but you cannot enjoy it because you lost your private key or something similar. 💸🚫6- Diversify your portfolio slightly 💼🌐Investing all your funds in a single cryptocurrency is rather risky, as it may not perform as expected, or even move in the opposite direction. Hence the need to consider diversifying your portfolio, even if you prefer to focus on certain investments. This reduces the risks of ending up with losses in the event of a market turnaround. I think you have worked too hard to have to endure such a situation. 💼💔Don't forget that if 20% of your cryptocurrencies increase by 10 times and 80% collapse, you've doubled your money. 💰🚀7- Have a plan 📊🤔Think about establishing a clear plan for what you really expect from your investments. For example, what is your goal: X10, X20, or X100? This will help you determine the actions to take when you reach the expected situation, avoiding procrastination and potentially losing money. If your goal is X10, it would be regrettable not to take your profits, maybe after X13 or X15, rather than seeking more and ending up back at X6 due to a market reversal... 📊💹8- Keep a little because you never know. 💰🤷‍♂️Rather than selling your entire portfolio once your goal is reached, consider reserving 5 or 10% of it as a precaution. Seeing a decrease of 5 or 10% in your portfolio is not as painful as realizing that, after selling everything following X10, the cryptocurrency in question has experienced another X30. 💰🚀9- Once it's in, it should not come out anymore 💼 🔐Avoid unnecessary risks that could lead to losses; focus instead on increasing the size of your portfolio. Accumulate as much as possible and ensure that nothing is withdrawn until your goals are achieved. 💼🚀I would love to see you all at the top by the end of this bull market; so, put all the conditions in place to make that a reality. 💰😎10- If despite everything that has been said, you still plan to use leverage, please consider clicking below to send me a tip before venturing into this path. This also applies to those who intend to take excessive risks. 💸🎢Take the time to subscribe, like, and share. Thank you!

Most individuals currently involved in cryptocurrencies are driven not by technical aspects but by the hope of realizing lucrative gains.With the bull run already at our doorstep, now is the best time to stack the odds in our favor to achieve those sought-after gains.1/ As an investor 👨‍💼, when you come across a new crypto with potential, one of the best ways to ensure its credibility is to study 👩‍💻✍️ its tokenomics.The term "Tokenomics" originates from the combination of "token" and "economics," and its analysis is simpler than its pronunciation. After reading the following lines, you'll know how to do it like a pro.Especially important is the last part where I provide an illustration for better understanding. Here's how to proceed.2/ When you discover a promising crypto, quickly check CoinMarketCap or CoinGecko 🔄🌍 for supply information:The number of tokens issued by the project,The quantity of tokens already in circulation,The maximum number of tokens that will be issued in total.This information helps you understand, for example, that having 100 Shiba coins doesn't hold the same value as having 100 BTC. One has a limited supply that diminishes with each halving, while the other is abundant.3/ Next, look at the token's market capitalization💰💰 and diluted market capitalization💰📈. The latter gives you an idea of the total capitalization if all tokens were in circulation simultaneously.Bitcoin's market cap, for instance, currently hovers around $1 trillion. If you're investing in Bitcoin hoping for a 100x return, be aware it would require an additional $99 trillion to the Bitcoin market cap for that to happen.In contrast, a low-cap coin with a $1 million market cap only needs an additional $99 million for a 100x return. This can happen swiftly in the cryptocurrency space.4/ Identify venture capital (VC) and leading investors. 🧔🕵️For instance, knowing that a crypto project is backed by major investors like Binance not only boosts investor confidence but also enhances the project's potential adoption.Prominent VCs 🤓😎 often bring a lot to a crypto project, including:Funding,Network and advice,Credibility,Access to resources and market visibility.5/ Check vesting mechanisms and their timelines. 📅In the vesting mechanism, the founding team or private investors acquire tokens in advance during fundraises. However, these tokens are subject to a lock-up period to prevent immediate resale during the global launch, avoiding a sudden price drop.Having information on the unlocking schedule can give you insights into potential price fluctuations.6/ Identify token use cases. 👩‍🔧👩‍🔧For example, native blockchain currencies 🛠️🔗 like $ETH on Ethereum are essential for transactions. Without ETH, using the blockchain services would be impossible, leading to a growing need to hold ETH and thereby maintaining a favorable price.Another example is transaction fee settlements 🔁💱 on platforms like Binance, where the associated token is $BNB . Similar scenarios occur on other exchanges like Kucoin.One more example involves governance tokens that empower holders to participate in decisions, such as voting in DAOs.7/ Supply reduction mechanisms.There are mechanisms aiming to reduce the quantity of tokens in circulation, generally favorable 📈 in the long term. Commonly used ones include burning 🔥 (token destruction) or buy-backs 💱 💵.8/ Consider the example of $BNB , which, during its 25th burn, burned over 2 million BNB, more than half a billion going up in smoke but for a good cause.9/ Considering all of this, you'll understand that a versatile token like BNB, offering various benefits such as a 25% trading fee reduction in BNB, NFT purchases, access to Launchpad and Launchpool, as well as farming and staking opportunities, has more advantages to sustain a positive price.10/ Finally, when you grasp everything mentioned above, it translates into something like this when conducting your analyses 🤓🕵️:The coin costs $0.00000002; if I buy 5,000,000 coins, it will only cost me $1. If the price multiplies by 100, I'll have $100. It's better to buy for $100 to potentially gain $10,000 in case of a 100x. But let's check on CoinMarketCap, what's the market cap? Oh, it's $3 billion; a 100x would be $300 billion. Bringing an additional $297 billion to this crypto won't be easy. Moreover, their burn mechanism seems too slow to have a favorable impact on price evolution. I'd better watch for small market caps (1M-100M)🕵️; there's more risk, but the return on investment can be substantial.Ah, here's a crypto with a $7M market cap🤓; let's see how many tokens are in circulation🤔, and how many they plan to issue in the end... What's the utility of this token, what problem does it solve exactly... Ok, now let's check who the investors and VCs supporting this project are... Does the project have an active community...Ok, everything seems good😎; the coin costs $0.7, and there are only 10 million in circulation with a market cap of $7 million. The project is also backed by major renowned investors, and their community is very active.If the token price is this low, it must be due to the bear market📉. With this, during the bull market, I could make a 50x if the market cap goes from $7 million to $350 million or a 100x if it goes to $700 million; it's well below a billion, in the crypto world, it's achievable...📈A special thanks to those who support me, subscribe, like and share. You're awesome 👍. Especially, don't hesitate to comment.

The imminent impact of Bitcoin spot ETFs is currently grabbing everyone's attention. A dozen American financial behemoths, collectively representing trillions of dollars, eagerly await SEC approval for their Bitcoin spot ETFs. This approval seems inevitable since BlackRock entered the scene.It's easier to anticipate that their application submission meant a certainty of approval, given BlackRock's track record with 576 requests to the SEC resulting in 575 agreements. The proliferation of advertisements during the bull run confirms the readiness of American financial magnates to sell.Of course, the risk of centralization remains, and the coming years will need to address this concern. Additionally, entering a halving year, making Bitcoin scarcer than gold according to the stock-to-flow indicator, two major reasons anticipate substantial movements and changes. Firstly, a massive influx of capital into Bitcoin is expected through these financial giants. Those interested in exposure to Bitcoin without directly owning the cryptocurrency will find these ETFs an ideal investment vehicle. According to the president of 21Shares, we're talking about a potential X10 or even X100 in terms of liquidity, accentuating Bitcoin's scarcity with a halving of the block reward the same year.Everyone can form their opinion, but the arrival of ETFs marks another sign of growing adoption, with evolving narratives. The close ties between BlackRock and the U.S. government underscore that if the United States were genuinely opposed to cryptos and Bitcoin, BlackRock wouldn't take such initiatives.These elements foreshadow promising developments, not only for the price but especially for general adoption. The entry of these major institutions from traditional finance will contribute to democratizing crypto for the general public. Time is favoring these changes, but time will also tell if our forecasts are accurate. Be ready 🚀

Discovering innovative ways to earn daily income on Binance requires a diversified approach. Explore these strategies, keeping in mind that the cryptocurrency market is dynamic and involves risks. Below are some strategies for daily income on Binance. However, please note that this information should not be considered investment advice, and you should emphasize all of this with a thorough DYOR.1 - P2P Buying and Selling:Immerse yourself in P2P buying and selling on Binance by acquiring cryptocurrencies at advantageous prices in the peer-to-peer market, then resell them later at a higher price to realize profits. Ensure you follow security protocols for reliable and secure transactions. Take advantage of price variations between purchases and sales to maximize your gains.2 - Day Trading:Explore day trading on Binance by capitalizing on short-term variations in cryptocurrencies. Conduct transactions within a day, leveraging rapid price fluctuations. A deep understanding of technical analysis and the use of limit and stop-loss orders are essential to manage risks. Aim to buy low and sell high to optimize potential gains. Stay vigilant amid rapid market changes to make informed decisions.3 - Swing Trading:Engage in swing trading by holding positions for several days to exploit significant price movements. Adapt your strategy based on medium-term trends, seeking to maximize potential returns. Be attentive to market developments to adjust your positions accordingly. The goal is to capture more substantial price fluctuations compared to day trading. Stay flexible and responsive to changes in market conditions to optimize your earning opportunities.4 - Leverage Trading:Maximize your opportunities with Leverage Trading by using borrowed funds to increase your positions. Keep in mind that this strategy involves high risks, amplifying both gains and losses. Reserved for experienced traders, it requires careful risk management. Use leverage judiciously with a thorough understanding of its operation. Stay attentive to market movements, adjust your exposure accordingly, and make informed decisions to optimize your results.5 - Long-Term Holding:Invest wisely in Long-Term Holding on Binance by selecting cryptocurrencies with a long-term vision. Anticipate a gradual appreciation of assets, positioning yourself to benefit from the long-term growth of the market. Although less active than other strategies, this approach requires patience and diversified portfolio management. Choose robust projects and maintain your investment over an extended period to potentially capitalize on significant gains as the market evolves. Stay informed about developments in your assets to make informed decisions.6 - Staking and Yield Farming:Participate in Staking and Yield Farming on Binance by contributing to the network's growth. Lock up your cryptocurrencies to engage in Staking, earning rewards in the form of new tokens. In Yield Farming, provide liquidity in exchange for returns. However, be aware of the risks associated with these practices, and conduct in-depth research on specific assets and platforms before committing. Diversify your participation to reduce risks, and ensure you understand reward mechanisms and withdrawal conditions. Stay vigilant against market changes to optimize your potential gains.7 - Arbitrage:Explore Arbitrage on Binance by taking advantage of price differences between different exchanges. Buy a cryptocurrency at a lower price on one platform and sell it at a higher price on another. This tactic requires speed and vigilance, as opportunities can be fleeting. Keep a close eye on fees associated with each transaction and ensure you understand market conditions. Be prepared to execute your transactions quickly to maximize potential profits within this strategy. Stay informed about price variations to effectively identify arbitrage opportunities.8 - Bot Trading:Automate your transactions using pre-configured trading robots on Binance. Customize these bots according to your specific needs. Precisely configure these robots to execute trades 24/7 based on predefined strategies. However, exercise caution, as improper configuration can lead to significant losses. Monitor your robots' performance closely, adjust settings according to market changes, and stay informed about new conditions to maximize the effectiveness of this strategy. Keep in mind that using trading robots carries risks and requires continuous monitoring.9 - Launchpad and Launchpool:Engage in token offerings of new projects through Binance's Launchpad and Launchpool. Contribute to ICOs on the Launchpad in exchange for project tokens. In the Launchpool, provide liquidity by locking your cryptocurrencies to receive rewards in tokens from the emerging project. Carefully select projects you want to contribute to and be prepared to lock your funds for a specified period. Ensure you understand participation conditions and thoroughly assess the viability of projects to maximize potential gains. Stay informed about new offerings and market conditions to make informed decisions.10 - Referral of New Users:Earn commissions by referring new users to Binance. Share useful information about the platform and invite other traders to join the Binance community using your referral link. The more traders you refer, the more passive income you can accumulate as your user network expands. Cultivate a transparent community and share the financial benefits of referrals to encourage the growth of your network.Remember to start with a small capital, gradually increase your exposure by immersing yourself in these creative strategies. Explore, learn, and always remember that each step in the world of cryptocurrencies is a unique adventure. And most importantly, DYOR (Do Your Own Research) before venturing into this captivating world. Wishing you the best! 🚀$BTC $ETH $BNB

In a world where the certainty of possessing your heritage is a top priority, more and more people are turning to Bitcoin as a solution. This cryptocurrency offers several unique advantages that meet the quest for secure asset holding, while providing unparalleled flexibility during emergency situations. Let's explore how Bitcoin can help achieve this goal, even in critical moments.1. Undisputed OwnershipOne of the most powerful characteristics of Bitcoin is undisputed ownership. When you hold Bitcoins, you have absolute control over your digital assets, even in times of urgent need. Imagine a situation where your bank freezes your funds, and you urgently need money to buy medicine over the weekend. With Bitcoin, this concern disappears because you have complete control over your funds. A concrete example would be getting stuck abroad on a Sunday, needing money for unexpected expenses, and Bitcoin would allow you to access your funds instantly.2. Enhanced SecurityBitcoin relies on blockchain technology, guaranteeing the security of your assets, even in critical moments. Every transaction is recorded permanently and immutably, offering total transparency. You can have absolute confidence in the security of your funds. To illustrate, consider a scenario where political unrest causes the temporary closure of local banks, leaving your accounts inaccessible. Your Bitcoins would remain secure and accessible via the internet, allowing you to address the emergency situation.3. Global AccessibilityBitcoin is accessible to anyone with an internet connection, which can be crucial in an emergency. Whether you're in France, Japan, South Africa, or anywhere else, you can easily own and manage your Bitcoins. This global accessibility means that your funds remain within reach, even when you urgently need them. Think of a trip abroad where you lose your wallet and need money immediately. With Bitcoin, you can recover your funds from anywhere.4. Borderless TransfersWhen making international bank transfers, they can go through lengthy and complex protocols with high fees. For example, imagine having to send money to a family member in another country in an emergency. Traditional transfers could take several days or more, with considerable fees along the way. In contrast, with Bitcoin, you could make a transfer within minutes, without costly intermediaries or unwanted delays. Suppose your relative abroad needs a significant amount of money for a medical emergency. With Bitcoin, you could quickly send the funds they need.5. Protection Against InflationIn times of economic crisis, inflation can skyrocket and erode the value of your money. Bitcoin, with its limited supply, offers invaluable protection against inflation. Your wealth in Bitcoin remains protected against inflation, even when traditional currencies lose value. Think of a scenario where rampant inflation significantly reduces the purchasing power of your local currency. Your wealth in Bitcoin would not suffer such adverse effects.6. Promising InvestmentBeyond holding wealth, Bitcoin offers significant investment potential. Many investors have seen the value of their Bitcoins increase significantly over the years. This growth can be a valuable asset over time as it contributes to the increase in your capital's value.In conclusion, Bitcoin offers a robust solution for possessing your heritage with certainty, even in emergency situations. With undisputed ownership, enhanced security, global accessibility, borderless transfers, protection against inflation, and investment potential, Bitcoin meets the needs of those looking to protect and grow their heritage, even in critical moments. Bitcoin can be the answer when time is of the essence, and you need quick access to your funds to address unexpected emergencies.

Many people wonder, "How does Bitcoin differ from a fiat currency like the Euro?" To clarify this frequently asked question, let's concisely examine the distinctions between Bitcoin and the Euro.

✅Bitcoin:
🌐Decentralized: No control by a central bank.
🔗Transparency: All transactions are recorded on a public blockchain.
🚀Fast and cost-effective international transfers.
💰Fixed maximum quantity to prevent inflation.
🌍Accessible worldwide with an internet connection.
❌❌❌
⚡High volatility.
🛍️Limited acceptance.
📜Often faced with regulatory gray areas.
🔐Requires specific security measures.
================={}===============
✅Fiat Currency (Euro):
🏦Regulated by national governments.
💼Widely accepted for everyday transactions.
🛡️Fewer security concerns.
❌❌❌
🖨️Inflation risk associated with money printing.
🌍International transfers can be slow and costly at times.
================={}===============
Regardless of your stance on Bitcoin, understanding these two financial realms is essential. If you found this comparison helpful, feel free to share it!

An NFT, or non-fungible token, is a unique digital contract on a blockchain that can never be duplicated, hence the name "non-fungible".

Conversely, if Anna has 1 Ether (ETH) and John also has 1 ETH, these two coins are interchangeable in the same way that a $1 bill in your pocket is worth exactly the same as $1 in someone else's wallet.

But let's say you want to exchange passports with someone. Your passports look identical on the outside, but each contains unique information about its owner. The information in your passport will likely be useless to the other party in the trade (unless they are scammers). In other words, passports are "non-fungible".

The same logic applies to NFTs. Each NFT is a unique "crypto-currency"; only one can be issued, just like your passport.

So, what can you do with an NFT?

NFTs are digital contracts that prove ownership of a good, which can be physical or digital, such as a property deed, a video game asset, or artwork.

The most expensive NFT sold to date was "Everydays: The First 5000 Days" by artist Beeple, which sold for $69 million.

What motivates people to spend so much money on something they cannot physically hold in their hands?

Imagine you have a rare baseball card. The card itself has close to zero intrinsic value; however, its value stems from its rarity and demand among a community of collectors. Demand among NFTs works similarly: they are all unique and offer their owners an unprecedented sense of ownership.

A common argument against owning an NFT of an image is that you can easily find it online and download it for free. That cannot be denied, but the catch with NFTs is that you can now participate in a bidding war to become its owner at an auction if you wish.

Where do these astronomical prices come from?

The natural market dynamics of supply and demand determine the value of an NFT. If thousands of people are willing to buy an NFT artwork (and engage in a bidding war), its value will only skyrocket and go to the highest bidder.

NFT art has dominated the conversation around this technology, but it is much more than just buying and selling art. The technology boasts many promising use cases, which we will discuss in another article.

So, like, share, and most importantly, subscribe!

To better understand this phenomenon, let's start with the definition of mining.

Mining is a process by which cryptocurrencies are created using the proof-of-work algorithm. Miners verify the authenticity of data in blocks, and if confirmed, receive commissions in crypto.

Now let's get back to the main topic of this post. There is a practice called "cryptojacking" that is used by savvy attackers who can infect unsuspecting users' computers, smartphones, and tablets.

These attackers are interested in your device's computing power because mining alone is expensive and not profitable unless using powerful resources.

A mining virus can be detected in two ways:

Malware: this is the case when you accidentally download a pirated file containing a virus, or follow a suspicious link in an email. The virus then silently consumes your system's resources.

Malicious scripts (drive-by cryptomining): this is a newer and more complex approach to "infecting". Hackers inject pieces of JavaScript code onto websites to start mining as soon as you visit the site.

Initially, websites honestly asked users for permission to mine while they browsed content. It was a transparent way to monetize the site: users received free content in exchange for their resources, and content creators exploited crypto for their bread. Over time, of course, they stopped asking for permission.

Have you ever suspected that someone was using your PC to mine c

ryptocurrency?

Source: Twitter

Pepe Coin is a new cryptocurrency that was recently launched and quickly caught the attention of investors. Indeed, in just 24 hours, its price increased by nearly 300% to reach a historic high of $0.000000301298 on Wednesday. This surge sparked the enthusiasm of more than 10,000 investors who acquired the token frenziedly in the hope that it will be able to replicate the success of Dogecoin and Shiba Inu. They hope to achieve significant financial gains and potentially change their lives thanks to this new cryptocurrency.

Source : Coindesk.com

An investor's decision to invest in PEPE has paid off, as their initial investment of just $251 is now worth $1.14 million. In just 4 days, this investment has experienced spectacular growth, once again demonstrating that anything is possible in the world of cryptocurrencies.

Source: Coingecko.com

On-chain metrics "Lookonchain" has shared details of a transaction in which an investor exchanged 0.125 ETH worth $251 to buy Pepe Coin. With this amount, they were able to acquire 5.9 trillion Pepe coins, whose price experienced astronomical growth over the following three days. Indeed, the token saw a significant increase after news of its success spread in cryptocurrency discussion circles. As a result, the initial investment of $251 is now worth $1.14 million, a profit of 4,500 times the amount invested. It is interesting to note that the investor has not yet sold their tokens, despite the skyrocketing value of his/her/their wallet.

Lookonchain : https://twitter.com/lookonchain

Until the next post: like, share, and most importantly, subscribe!

JackerJackk

Cryptocurrency is an incredible opportunity for financial growth, but it comes with significant risks. If you don't take the time to learn the fundamentals of cryptocurrency, you could suffer significant financial losses by investing in fraudulent or malicious projects.

Additionally, due to the decentralized nature of cryptocurrency, there are also technical risks associated with its use. If you don't understand how to properly protect your private keys, you could lose your entire investment due to a security breach or hacker attack.

To maximize opportunities and minimize the risks of cryptocurrency, it is crucial to take the time to learn and understand the basics of this revolutionary technology. This will help you properly inform yourself before getting involved in the world of cryptocurrency, in order to reduce potential risks and make informed decisions.

So, to those at the back of the room, I'll repeat: If you don't take the time to learn it now, you'll learn it on the field at your own risk.

With that said, please like, share, and most importantly, subscribe!

Cryptocurrency ownership around the world has seen rapid growth in recent years, with an estimated 420 million cryptocurrency users worldwide in 2023. This figure represents a significant increase from previous estimates, which were around 200 million in 2020.

Additionally, the rate of cryptocurrency ownership is also on the rise, with a global average of 4.2%. This figure is also increasing from previous estimates, which were at 1.9% in 2020.

The growth of cryptocurrency ownership is partly due to the increasing adoption of blockchain technology, which underpins cryptocurrencies. Blockchain is a decentralized and secure technology that allows for transparent and immutable storage and transfer of data. Cryptocurrencies, as a form of digital currency based on blockchain technology, are seen as a potential alternative to traditional financial systems.

Furthermore, the volatility of traditional financial markets and central bank monetary policies have also led many investors to seek out alternative investments. Cryptocurrencies have been seen as an attractive asset due to their potential high volatility and high potential gains.

However, cryptocurrency ownership remains a controversial and often discussed topic. Critics point out that cryptocurrencies can be used for illicit purposes such as money laundering and terrorism financing, and that their volatility can lead to significant financial losses for investors.

Furthermore, cryptocurrency regulation is still developing in many countries, which can lead to legal uncertainty for cryptocurrency holders. Some countries have banned cryptocurrencies, while others have put in place strict regulations for their use and ownership.